15 Oct 2025 | 3 Mins Read
Axis Capital predicts Paytm's future performance
Flipitmoney
Axis Capital has upgraded Paytm to a Buy with a target price of ₹1,500, citing margin improvement, strong financial services growth, and regulatory clarity. The brokerage expects EBITDA margins to reach 15% by FY28, up from 3.7% in Q1FY26, though risks remain around asset quality in lending operations.